Does time heal?

Does time truly heal all wounds? Or is it the experiences we have as time passes that heals?
I believe God works on His own time schedule and it's so vastly different than ours that we can not even begin to comprehend it. The book of Isaiah tells us that God's ways are higher than ours, and His thoughts are higher than our thoughts. 

I once heard a preacher speak of God's time like a wheel within a wheel, where the two circles are connected by multiple bars. The places where the bars connect with either circle represent events in our life, and the wheel is constantly rolling. As the wheel rolls, the outer circle moves are a slower pace than the inner one, but the bars connecting them are stationary. I'm not really giving this illustration justice, but my point is simply that we look at time as a chronological time line of events - a horizontal line could easily be drawn and marked with dates and events.  That makes sense to us. But God sees infinity. He sees the infinite past - even before He created the world - and He sees the infinite future. He sees it all at the same time.